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2005 FULL-TIME MBA PROFILE
The University of Iowa
Henry B. Tippie College of Business and School of Management
Address: 100 Pomerantz Center, Ste C432
Iowa City, IA 52242
E-Mail: tippiemba@uiowa.edu
Web links: B-school Web site
Directions to school
 Getting In  Academics & Lifestyle Careers & Alumni Affairs

B-SCHOOL & PROGRAM BASICS

Classes begin Aug. 22, 2005

Year program was founded 1959
Institution is U.S., Public
Business school accreditation:
AACSB
Length of program 21 months

Enrollment
Total graduate business students 1,122
Full-time MBA students 122
Part-time MBA students 680
Distance MBA students n/a
Executive MBA students 163
PhD program students 102
Doctorate of Business Administration (DBA) students n/a
 
Total undergraduate business students 1,514
 
Change in full-time class size in past academic year -17%

STUDENT PROFILE - MOST RECENT ENTERING CLASS

Female students in class 32%
International students 1 54%
Married students n/a

For U.S. schools only:
African American students 2%
Alaskan Native of Pacific Islander American students 0%
Asian American students 0%
Mexican American students 0%
Puerto Rican students 0%
Other Hispanic American students 2%
White (non-Hispanic) students 42%
Multiethnic/Multiracial students n/a
Not reported n/a
Other n/a

Students from the following regions:
Africa 0%
Asia 46%
Eastern and Central Europe and Central Asia 2%
Latin America and the Caribbean 2%
Middle East 0%
North America
 (Canada: 0% / U.S.: 100%)
46%
Oceania 0%
Western Europe 4%

North American students by region:
Canada 0%
Mid-Atlantic U.S. 0%
Midwest U.S. 43%
Northeast U.S. 3%
South U.S. 0%
Southwest U.S. 0%
U.S. Possessions and territories 0%
West U.S. 0%

(1) Students from countries other than the school's home country.

CLASS TRAITS - MOST RECENT ENTERING CLASS

GMAT Scores - Historical Chart
20052004200320022001
Average656645637638631
Median650640640640640
Range (middle 80%)600 - 710590 - 700570 - 710560 - 700560 - 690

GMAT scores are required as part of the application.


TOEFL Scores
TOEFL scores are required for applicants whose native language is not English.

Average TOEFL score 628
Minimum TOEFL score required 600

Work Experience (months)
Average 41
Median 34
Range (middle 80%) 0 - 87
New entrants with one year or less of work experience 24%

Student Age (years)
Average 27
Median 26
Range (middle 80%) 23 - 32

Salary
Average base salary forgone to enter program $38,386
Median base salary forgone to enter program $40,000


ADMISSIONS

Application fee (resident) $60
Application fee (nonresident) $85

197 people applied to the full-time MBA program in 2005. The school accepted 53% (selectivity) of those applicants, and 57% of admitted applicants (yield) enrolled in the program.

Selectivity/Yield - Historical Chart
20052004200320022001
Selectivity53%45%45%33%38%
Yield57%48%49%41%47%

2% of applicants had applied in prior years, and of those reapplicants 75% were accepted.

The B-school placed 0 applicant(s) on its wait list. 0 wait-listed applicants were admitted to the semester for which they applied.

Applicant Profile:
Female applicants 27%
International applicants 1 70%

Interviews for MBA applicants are:
Required

In 2005, the B-school interviewed 56% of its full-time MBA applicants, and 100% of its admitted applicants.

(1) Applicants from countries other than the school's home country.

COSTS, DEADLINES & FINANCIAL AID

COSTS:
Estimated TOTAL (not annual) cost of full-time MBA program (U.S. dollars)
Program Cost - Historical Chart
20052004200320022001
Resident$25,372$22,388$21,368$19,798$14,880
Nonresident$45,352$40,112$37,992$36,422$31,504
Expected monthly rent $500
Recommended annual budget (Resident) 1 $28,500
Recommended annual budget (Nonresident) $40,056

2005-2007 DEADLINES:
Application deadline(s)
International applicants:  Apr. 15, 2005

Rolling admissions? Yes

Deadline(s) for scheduling an interview
n/a

Financial aid deadline(s)
All applicants:  Apr. 15, 2006

FINANCIAL AID:
Full-time MBAs apply for financial aid through a Central financial aid office at the university

n/a of full-time MBAs applied for financial aid for the 2005-2006 academic year. 76% of full-time MBAs received some form of financial aid for the 2005-2006 academic year.

Of those who received financial aid for the 2005-2006 academic year, n/a received institutional scholarships, n/a received assistantships, and n/a received loans.

Average financial-aid package for the 2005-2006 academic year (includes scholarships, assistantships, and loans) $22,139
Median financial-aid package for the 2005-2006 academic year (includes scholarships, assistantships, and loans) n/a
Range of financial-aid packages $2,000 - $41,184
Scholarships: Based on academic merit


0 full-tuition scholarships were awarded by the school to full-time MBAs for the 2005-2006 academic year.

How does an applicant apply for scholarship consideration?
As part of the admissions application


Average scholarship awarded $2,936
Guaranteed loan offered? 2 No
Maximum amount students can borrow n/a
Average outstanding loans for 2005 graduates $21,250
Total money distributed to MBAs in past academic year $568,340

Financial aid Web site


(1) Student budget includes tuition fees and living expenses.

(2) Upon admission, any accepted applicant, regardless of nationality, and without the need of a cosigner, is eligible for a loan.

CONTACTS

Dean Gary J. Fethke
Hired as of July 1994
 
Program director Colleen Downie
 
Admissions director Mary Spreen
 
Financial aid director Mary Spreen
 
Career services director Kathie Decker
 
Alumni relations director Kathie Decker

 
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Full-time MBA rank:
2004:  Second tier    1994:  --    
2002:  Second tier    1992:  --    
2000:  Second tier    1990:  --    
1998:  Second tier    1988:  --    
1996:  Second tier    
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